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U.S. President Trump tweets: "I am not a fan.....>

US
US: U.S. President Trump tweets: "I am not a fan of Bitcoin and other
Cryptocurrencies, which are not money, and whose value is highly volatile and
based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior,
including drug trade and other illegal activity. Similarly, Facebook Libra's
"virtual currency" will have little standing or dependability. If Facebook and
other companies want to become a bank, they must seek a new Banking Charter and
become subject to all Banking Regulations, just like other Banks, both National
and International. We have only one real currency in the USA, and it is stronger
than ever, both dependable and reliable. It is by far the most dominant currency
anywhere in the World, and it will always stay that way. It is called the United
States Dollar!"
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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